14.11.2019

Why you need to make money on Amazon?

Why you need to make money on Amazon?

You can talk a lot about the convenience of the Amazon online platform, but we are interested in how to earn a lot without investments. We need investments only at the first stage, and everything else depends on how competently we will use the advantages of Amazon and sell goods.

The most important difference between Amazon and similar trading platforms (the same Ebey) is the presence of the Buy Box program. This function accounts for more than half of the total sales on the site. With its help, the buyer on Amazon immediately puts the goods in the basket without looking at other sellers. Therefore, you must make every effort to win the Buy Box and increase your earnings.

The algorithm of the program that selects the winner among sellers on Amazon draws attention to such parameters as:

uninterrupted supply of goods;
high seller rating;
low price for the goods.
Consider these factors, constantly monitor competitors and study the business strategy of those who are already lucky to get this option on Amazon.

How to scale a business

If you want to start a successful business in the USA, do not stop there and constantly increase the attractiveness of the product in the eyes of the buyer. Only in this way can really high earnings be achieved.

You can scale a business on Amazon in the following ways:

Collect as many reviews as possible about your product. It is proved that for effective trading on Amazon, it is necessary that each type of product has about 200 reviews.
Run an advertisement for the product on the Amazon site itself and on other resources (Facebook, Instagram);
Expand your traffic channels;
Expand the product line with related products;
Improve product quality based on reviews;
Gradually bring your brand to warehouses in different countries.

So, we found out that selling goods on the Internet on the Amazon website is a profitable and rather uncomplicated event. You just need to understand what secrets for developing a successful business exist within the program and how you can use them in promoting your product.

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